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Terraform Labs, the company behind failed TerraUSD and Luna cryptocurrencies, agreed to pay nearly $4.5 billion to settle a lawsuit filed by the U.S. Securities and Exchange Commission.
The U.S. Securities & Exchange Commission has argued that Terraform Labs should not be allowed to hire law firm Dentons or pay litigation costs for employees during its bankruptcy, taking aim at a ...
Terraform Labs, the company behind Luna cryptocurrency and TerraUSD stablecoin, has filed for bankruptcy in Delaware. Luna and TerraUSD stablecoin both collapsed, precipitating a crypto market ...
On March 31, Terraform Labs will open its crypto loss claims portal for those who suffered more than $100 in losses due to the collapse of the Terra ecosystem.
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.
After eight months in court, Judge Brendan Shannon of the US Bankruptcy Court for the District of Delaware approved Terraform Labs’ bankruptcy plan.